PJM Plans $30M Capital Spend for 2014
Sep 17, 2013
PJM plans $30 million in capital budget spending next year, a $2 million reduction from 2013, under a preliminary budget that will be presented to the Board of Managers for approval.
PJM plans $30 million in capital spending next year, a $2 million reduction from 2013, under a preliminary budget that will be presented to the Board of Managers for approval.
PJM’s Jim Snow told the Operating and Planning committees last week that the proposed budget allocates $18 million for current applications and systems reliability (e.g., eDART, eSuite). Included will be updates to legacy systems not updated in the AC2 project. Also included is a $1.5 million project requested (and partially funded by) the Federal Energy Regulatory Commission that will allow PJM to rerun Day Ahead market results with modified inputs.